2026 Global: Aerospace And Defense Mro-Competitive Review (2032) report
Description
The 2026 Global: Aerospace And Defense Mro-Competitive Review (2031) report features the global market size and projected growth/decline data for the period 2021 through 2032. The report primarily provides an examination of the business strategies for the ten largest global companies in the market and how their strategies differ.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for aerospace and defense mro by geography and historical trend. The scope of the report extends to sizing of the aerospace and defense mro market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
The aerospace and defense maintenance, repair, and overhaul (MRO) sector features dominant players driving growth amid rising defense budgets and fleet modernization demands. Leading the pack are Lufthansa Technik, the world's largest independent MRO provider, offering comprehensive services for commercial and military aircraft including engine overhauls and avionics upgrades. AAR Corporation excels in supply chain integration and global MRO for airframes and components, bolstered by strategic acquisitions. ST Engineering stands out for its technological prowess in aircraft modifications and defense sustainment, serving wide-body and regional fleets. Air France KLM Engineering & Maintenance leverages its airline heritage for efficient line and heavy maintenance, emphasizing regulatory compliance. Delta TechOps, North America's largest airline MRO provider, specializes in engine and airframe services for commercial and cargo operators. These firms capitalize on Europe's established infrastructure and Asia's expanding hubs to meet surging demands projected at a 5.6% CAGR through 2030.
Rounding out the top ten are innovators like Honeywell International Inc., delivering advanced component repairs and digital predictive maintenance for military jets and UAVs. Raytheon Technologies Corporation (now RTX) provides integrated defense MRO, focusing on radar systems and missile overhauls amid geopolitical tensions. GE Aviation dominates engine MRO, with robust pipelines for legacy and next-gen turbofans like the LEAP, supported by multi-billion investments. MTU Aero Engines AG excels in high-precision engine overhauls for fighter jets and wide-bodies, partnering on collaborative sustainment programs. Turkish Technik Inc. emerges as a cost-effective powerhouse with pan-European capabilities for Boeing and Airbus platforms, enhancing quick-turn services. Recent deals, such as Lufthansa Technik's 15-year LEAP-1B contract with WestJet in February 2025, underscore their competitive edge through tech-driven efficiencies.
This elite group navigates challenges like aging fleets and supply volatility by investing in AI-enabled inspections and capacity expansions, particularly in the Middle East and U.S. General Dynamics bolsters defense-specific MRO for ground-support aircraft and electronics. SAFRAN Group and Rolls-Royce plc amplify engine dominance, targeting 40-50% shop expansions to handle 53% of total MRO demand by 2035. Collectively, they reported double-digit growth in 2024-2025, fueled by military aviation's 5.0% CAGR and aftermarket resilience, ensuring mission readiness amid global security shifts. Their strategies—alliances, digital twins, and obsolescence management—position the sector for sustained expansion to USD 701 billion by 2026.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for aerospace and defense mro by geography and historical trend. The scope of the report extends to sizing of the aerospace and defense mro market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
The aerospace and defense maintenance, repair, and overhaul (MRO) sector features dominant players driving growth amid rising defense budgets and fleet modernization demands. Leading the pack are Lufthansa Technik, the world's largest independent MRO provider, offering comprehensive services for commercial and military aircraft including engine overhauls and avionics upgrades. AAR Corporation excels in supply chain integration and global MRO for airframes and components, bolstered by strategic acquisitions. ST Engineering stands out for its technological prowess in aircraft modifications and defense sustainment, serving wide-body and regional fleets. Air France KLM Engineering & Maintenance leverages its airline heritage for efficient line and heavy maintenance, emphasizing regulatory compliance. Delta TechOps, North America's largest airline MRO provider, specializes in engine and airframe services for commercial and cargo operators. These firms capitalize on Europe's established infrastructure and Asia's expanding hubs to meet surging demands projected at a 5.6% CAGR through 2030.
Rounding out the top ten are innovators like Honeywell International Inc., delivering advanced component repairs and digital predictive maintenance for military jets and UAVs. Raytheon Technologies Corporation (now RTX) provides integrated defense MRO, focusing on radar systems and missile overhauls amid geopolitical tensions. GE Aviation dominates engine MRO, with robust pipelines for legacy and next-gen turbofans like the LEAP, supported by multi-billion investments. MTU Aero Engines AG excels in high-precision engine overhauls for fighter jets and wide-bodies, partnering on collaborative sustainment programs. Turkish Technik Inc. emerges as a cost-effective powerhouse with pan-European capabilities for Boeing and Airbus platforms, enhancing quick-turn services. Recent deals, such as Lufthansa Technik's 15-year LEAP-1B contract with WestJet in February 2025, underscore their competitive edge through tech-driven efficiencies.
This elite group navigates challenges like aging fleets and supply volatility by investing in AI-enabled inspections and capacity expansions, particularly in the Middle East and U.S. General Dynamics bolsters defense-specific MRO for ground-support aircraft and electronics. SAFRAN Group and Rolls-Royce plc amplify engine dominance, targeting 40-50% shop expansions to handle 53% of total MRO demand by 2035. Collectively, they reported double-digit growth in 2024-2025, fueled by military aviation's 5.0% CAGR and aftermarket resilience, ensuring mission readiness amid global security shifts. Their strategies—alliances, digital twins, and obsolescence management—position the sector for sustained expansion to USD 701 billion by 2026.
Table of Contents
32 Pages
- 1.0 Scope of Report and Methodology
- 2.0 Market SWOT Analysis and Players
- 2.1 Market Definition
- 2.2 Market Segments
- 2.3 Market Strengths
- 2.4 Market Weaknesses
- 2.5 Market Threats
- 2.6 Market Opportunities
- 2.7 Major Players
- 3.0 Competitive Analysis
- 3.1 Market Player 1
- 3.2 Market Player 2
- 3.3 Market Player 3
- 3.4 Market Player 4
- 3.5 Market Player 5
- 3.6 Market Player 6
- 3.7 Market Player 7
- 3.8 Market Player 8
- 3.9 Market Player 9
- 3.10 Market Player 10
- 4.0 Comparative Business Strategies
- 4.1 Comparative Business Strategies of Player 1 and 2
- 4.2 Comparative Business Strategies of Player 1 and 3
- 4.3 Comparative Business Strategies of Player 1 and 4
- 4.4 Comparative Business Strategies of Player 2 and 3
- 4.5 Comparative Business Strategies of Player 2 and 4
- 4.6 Comparative Business Strategies of Player 3 and 4
- 5.0 Appendix
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.